11627 Mayfield Avenue

Los Angeles, CA 90049

$4,950,000
Price
14
Beds
10
Baths
7,130 Sq. Ft.
$694 / Sq. Ft.
7,130
Sq. Ft.
$694
per Sq. Ft.

Description

Newly Priced! 11627 Mayfield Avenue, located in prime Brentwood, is a distinguished property with a rich history, having been in the same family's care since its construction in 1953. This 7,130 SF property is set on an expansive 11,100 sq. ft. lot and comprises Six (6) One-Bed + One-Bath units and Four (4) 2-Bed + 1-Bath units, with 7 of these 10 units being delivered vacant. Each unit is characterized by its spacious design, abundant natural light, and features evoking 1950s charm. Additional amenities...Newly Priced! 11627 Mayfield Avenue, located in prime Brentwood, is a distinguished property with a rich history, having been in the same family's care since its construction in 1953. This 7,130 SF property is set on an expansive 11,100 sq. ft. lot and comprises Six (6) One-Bed + One-Bath units and Four (4) 2-Bed + 1-Bath units, with 7 of these 10 units being delivered vacant. Each unit is characterized by its spacious design, abundant natural light, and features evoking 1950s charm. Additional amenities include walk-in closets, heating and AC, a charming rear patio with a barbecue, and ample parking. Its prime location offers proximity to Westside's finest dining, entertainment, outdoor activities, and notable employers like UCLA, making it a lucrative investment opportunity in one of Los Angeles' premier rental locales.
  1. Listed by David Weinberger • DRE #01349349 • Keller Williams Studio City
  2. Listed by Megan Husri • DRE #02089901 • Keller Williams Studio City

Property Details for 11627 Mayfield Avenue

Zoning
LAR3
Style
Mid-Century
Parcel Number
4265005003
Total Units
10.0
Living Area
7130
Source Living Area
Vendor Enhanced
Area
Brentwood (C06)
Vacancy Rate
Y

Location

Listing Courtesy of Keller Williams Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901
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LISTING UPDATED: 03/13/2024 02:29 PM

Property Details for 11627 Mayfield Avenue

StatusActive
MLS #23-317549
Days on Market212
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.25 AC / 11,100 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901
Add your commute

Virtual Tour

Building Information for 11627 Mayfield Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.25 AC / 11,100 SF

Payment Calculator

$27,497 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,014

Property Taxes

$483

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11627 Mayfield Avenue

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 2
  • View: Yes
  • View Description: Courtyard, City, Walk Street
  • View: Courtyard, City Lights
Contract Info
Contract Info
  • Disclosures: As Is, Court Approval Required
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $303,161
  • Net Operating Income: $214,586.00
  • Gross Income: $309,348
  • Cap Rate: 4.30%
  • Gross Rent Multiplier: $16.00
  • Actual Gross Annual Income: $309,348
  • Vacancy Allow Percent: 2.00%
  • Total Annual Expense: 88576
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2548
  • Lot Size Square Feet: 11100
  • Lot Description: Walk Street, Street Paved, Sidewalks
Parking Details
Parking Details
  • Parking Garage: Carport, Assigned, Uncovered, Covered Parking
  • Total Parking: 10
  • Parking Features: Carport, Assigned, Uncovered, Covered
Interior Features
Interior Features
  • Room Type: Living Room, Walk-In Closet
  • Rooms: Living Room, Walk-In Closet
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Wall Unit(s)
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Tile, Vinyl, Carpet
  • Equipment: Range/Oven
  • Room Kitchen Features: Granite Counters, Tile Counters
  • Kitchen Features: Granite Counters, Ceramic Counters, Tile Counters
  • Bathroom Features: Shower Over Tub
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-03-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,168.00
  • Unit Actual Rent: $13,007.00
  • Unit Projected Rent: $16,164.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,148.00
  • Unit Actual Rent: $12,592.00
  • Unit Projected Rent: $12,592.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $109,716.00
  • Assessed Improvement Percent: 29.78
  • Assessed Land Value: $258,738.00
  • Assessed Land Percent: 70.22
  • Assessed Total Value: $368,454.00

Property History for 11627 Mayfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11627 Mayfield Avenue

Taxable ValueLand$263,912Additions$113,710Total$377,622
Tax Record2023$5,793 ($483 / month)
Home Facts
Total Finished SqFt7,130 SqFtAbove Grade Finished SqFt7,130 SqFtLot Size11,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLAR3CountyLOS ANGELESAPN4265-005-003

Schools near 11627 Mayfield Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Brentwood Science School
PublicK to 5

Brockton Avenue Elementary School
PublicK to 5

Paul Revere Middle School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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11627 Mayfield Avenue is a multi-family home for sale in Los Angeles, CA 90049. This property was listed for sale on October 3, 2023 by Keller Williams Studio City, it's currently listed at $4,950,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Brentwood Science School, Brockton Avenue Elementary School and Paul Revere Middle School. 11627 Mayfield Avenue is a 14-bed, 10-bath, 7,130 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.